WSJ: Money from Bank Negara land deal used to pay IPIC
KUALA LUMPUR (May 24): Money used to pay off US$500 million (RM1.
No more landbanking activities seen for Hua Yang
Hua Yang Bhd (May 23, 45 sen) Maintain market perform with a lower target price (TP) of 47 sen: Hua Yang Bhd’s core net profit (CNP) for its financial year 2018 (FY18) ended March 31, 2018 of RM4.
Paramount posts lower net profit in 1Q
KUALA LUMPUR (May 24): Paramount Corp Bhd achieved sales of RM227 million in the first quarter ended March 31, 2018 (1QFY18), but reported a slight drop in first-quarter net profit to RM6.
Matrix Concepts gears up for more launches in FY19
PETALING JAYA (May 23): Matrix Concepts Holdings Bhd has lined up new launches worth RM1.
Arcadis: KL is Asia’s fourth least expensive city for construction work
PETALING JAYA (May 23): Kuala Lumpur is the fourth least expensive city in Asia to build in, according to the “International Construction Costs 2018” report published by Global Design & Consultancy firm for natural and built assets Arcadis.
PM says to decide 'very soon' on Singapore-KL high-speed rail project
KUALA LUMPUR (May 23): The new Pakatan Harapan-led government would decide "very soon" on whether to continue with the Singapore-Kuala Lumpur high-speed rail project, Prime Minister Tun Dr Mahathir Mohamad said today.
Hua Yang’s 4Q net profit falls 68% on lower margins
KUALA LUMPUR (May 23): Hua Yang Bhd’s net profit for the fourth financial quarter ended March 31, 2018 (4QFY18) shrank 68% to RM3.
Tropicana 1Q net profit surges 71% to RM46.4m
KUALA LUMPUR (May 23): Tropicana Corp Bhd’s net profit surged 71.
UOA REIT 1Q rental income remains flat at RM14.7m
KUALA LUMPUR (May 22): UOA Real Estate Investment Trust reported a net rental income of RM14.
KPKT mulls syncing govt affordable housing schemes into one programme
PUTRAJAYA (May 22): The Housing and Local Government (KPKT) ministry is mulling a proposal to synchronise existing public affordable housing schemes — including PR1MA — under one programme to avoid overlaps, said its newly sworn-in minister Zuraida Kamaruddin.
